Short Interest in Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Rises By 29.3%

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 1,170,000 shares, an increase of 29.3% from the February 13th total of 904,800 shares. Approximately 8.9% of the company’s shares are short sold. Based on an average daily trading volume, of 380,700 shares, the days-to-cover ratio is presently 3.1 days.

Sprott Junior Uranium Miners ETF Stock Up 0.3 %

NASDAQ:URNJ opened at $14.51 on Monday. The stock’s fifty day moving average price is $18.18 and its two-hundred day moving average price is $20.50. Sprott Junior Uranium Miners ETF has a 52-week low of $13.67 and a 52-week high of $31.30.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in Sprott Junior Uranium Miners ETF during the 4th quarter worth $1,979,000. JPMorgan Chase & Co. lifted its stake in shares of Sprott Junior Uranium Miners ETF by 2.2% in the 4th quarter. JPMorgan Chase & Co. now owns 83,068 shares of the company’s stock valued at $1,543,000 after purchasing an additional 1,755 shares during the period. Bridgewater Associates LP lifted its stake in shares of Sprott Junior Uranium Miners ETF by 10.4% in the 3rd quarter. Bridgewater Associates LP now owns 71,514 shares of the company’s stock valued at $1,578,000 after purchasing an additional 6,755 shares during the period. OLD Mission Capital LLC lifted its stake in shares of Sprott Junior Uranium Miners ETF by 263.4% in the 4th quarter. OLD Mission Capital LLC now owns 63,155 shares of the company’s stock valued at $1,173,000 after purchasing an additional 45,775 shares during the period. Finally, National Bank of Canada FI lifted its stake in shares of Sprott Junior Uranium Miners ETF by 1.8% in the 4th quarter. National Bank of Canada FI now owns 53,377 shares of the company’s stock valued at $992,000 after purchasing an additional 961 shares during the period.

About Sprott Junior Uranium Miners ETF

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap.